Posted on 07/16/2012 10:46:51 AM PDT by Etpa
One of the most pernicious fallacies is the idea that because money was “invested” (spent) by the government, and some benefits were purportedly achieved, the benefits prove the worth of such expenditures. For example, President George Bush said, “My administration has worked with Congress to invest in gas-saving technologies like advanced batteries and hydrogen fuel cells…” And more recently, President Obama has claimed that government investment is responsible for “…creating the Internet that allowed Microsoft and Google and Facebook to thrive.”
Assuming that these investments were worthwhile is a fallacy, because alternatives were not tried.
(Excerpt) Read more at engineeringthinking.wordpress.com ...
All pure bull excrement.
The government continues to think all the electorate have moron IQs....the mushroom syndrome.
The worst logical fallacy of all is that the government is "subsidizing" you, if it is taxing you at 25%, and it could, if it chose to, tax you at 40%!
Just listen to Obama, Debbie male-version-of-Wiener Schulz, Nancy and Harry!
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